Market Sectors

New Jersey has an unmatched location and a population that developers dream about. It’s no wonder the commercial real estate industry is flourishing and evolving across all segments of the market.

Retail
Hampshire-backed REIT buys 400,000 sq. ft. grocery-anchored center outside Philadelphia

A real estate investment trust with ties to The Hampshire Cos. has expanded its holdings with a grocery-anchored shopping center in Pennsylvania’s Montgomery County.

Office
Jersey City co-working firm expands again amid continued demand for flexibility

A co-working operator has once again expanded in Jersey City, in a sign of the firm’s organic growth and continued demand for shared, flexible office space after the pandemic.

Health Care & Education
TFE inks three health care leases at revamped retail sites in East Brunswick, Freehold

Development firm TFE Properties has attracted three health care tenants for a combined 63,000 square feet at repurposed retail sites in East Brunswick and Freehold.

Office
Visikol adds 11,000 square feet to Hunterdon facility for lab, office space

Visikol, a contract research services company in the life sciences sector, has expanded its footprint in Hunterdon County by 11,000 square feet with the addition of lab and office space.

Residential & Mixed Use
Plainfield: Proposal for 55 rentals moving ahead after recent planning board vote

Plans for another new apartment building in Plainfield are proceeding after recently securing a key approval from the city’s planning board, the project’s design team said.

Sponsored Content
Building up: The future of warehouse design in urban markets

The ever-growing demand and need for prompt fulfilment is forcing businesses and developers to react to the market with more warehouse space that is closer to the consumer. When development footprint in the middle of major U.S. cities is high in price and in low supply, you must build up, not out — this has been the answer in the commercial and residential markets for decades.

Office
Veris Residential to sell Holmdel office building, Jersey City hotel for $132 million

Veris Residential Inc. has agreed to sell a Holmdel office building and a hotel in Jersey City for a combined $132 million, as it continues to shed assets outside the multifamily sector.

Residential & Mixed Use
Developer unveils boutique rental building in Franklin Lakes

A developer has launched leasing at a new boutique apartment building in Bergen County, offering a mix of high-end amenities in what it touts as an upscale suburban setting.

Residential & Mixed Use
Kokes sells new Connecticut rental property, eyes continued growth in New Jersey

Kokes Properties has closed on its sale of a newly built, 41-unit apartment building in Connecticut, with plans to double down on its growing portfolio at home in New Jersey.

Industrial
Inspection technology firm takes 22,000 sq. ft. in Mount Laurel, Vantage Commercial says

A pharmaceutical inspection company has leased nearly 22,000 square feet of industrial flex space in Mount Laurel, in a newly announced deal by Vantage Commercial.